HUNGARY: Government to Extend Interest Rate Freeze on Retail Mortgages

Nov-12 14:30
  • "HUNGARY GOVERNMENT TO EXTEND INTEREST RATE FREEZE ON RETAIL MORTGAGES BEYOND THE END OF 2025 -NEWS SITE TELEX CITING PM ORBAN" (Reuters)

Originally introduced in 2021, the deadline on the freeze on floating-rate mortgages has been extended multiple times, with Orban previously stating that the measure is necessary until the NBH reduces the base rate. The scheme has attracted criticism from some of Hungary's largest banks, who asked the Constitutional Court in May to repeal the freezes.

Historical bullets

SOFR OPTIONS: Dec'25 SOFR Put Tree

Oct-13 14:26
  • +5,000 SFRZ5 96.12/96.25/96.31 put trees, 0.75 ref 96.36

OPTIONS: Expiries for Oct14 NY cut 1000ET (Source DTCC)

Oct-13 14:19
  • EUR/USD: $1.1450(E537mln), $1.1500(E848mln), $1.1600(E663mln), $1.1650(E636mln)
  • USD/JPY: Y151.50($691mln), Y152.00($751mln)
  • AUD/USD: $0.6500(A$1.0bln), $0.6580-00(A$1.2bln)
  • USD/CAD: C$1.4000-10($598mln)

SONIA OPTIONS: Call Spread vs Call

Oct-13 14:07

SFIG6 96.35/96.55cs vs SFIZ5 96.20c, bought the cs for 1 in 5k.